Laurentian Bank: Laurentian Bank of Canada. ‡ Certain terms and conditions apply. CONTEST RULES “Hit your savings target”
Mandatory Rules Subject to applicable laws, these rules govern all aspects of the “Hit your savings target” contest and are binding on all entrants.
CONTEST DESCRIPTION AND DURATION The “Hit your savings target” contest is organized by Laurentian Bank of Canada (hereinafter the “contest organizer”) and will run from January 6 (12:01 a.m. EDT) to March 3, 2025 (11:59 p.m. EDT) (hereinafter the “contest period”).
ELIGIBILITY This contest is open to Quebec residents only. To be eligible for the contest, you must be: • 18 years of age or older at the time of the draw; • A resident of the province of Quebec on January 6, 2025; • Hold or open a Tax-Free Savings Account (TFSA) or hold or open a Registered Retirement Savings Plan (RRSP) with Laurentian Bank of Canada or LBC Financial Services Inc. (LBCFS) and contribute a minimum of $500 between January 6, 2025, and March 3, 2025; • A Personal Banking* client of Laurentian Bank of Canada (“Laurentian Bank”) or a client of LBC Financial Services Inc.** * By definition, a Personal Banking client is a primary or secondary holder of at least one (1) Laurentian Bank product (as determined by Laurentian Bank at its sole and absolute discretion), and that product remains open throughout the contest period and at the time of the draw and awarding of prizes. A client must have received confirmation of account opening from an authorized Laurentian Bank representative. ** By definition, a client of LBC Financial Services Inc. (“LBCFS”) is a primary or secondary holder of at least one (1) eligible product, and that product remains open throughout the contest period and at the time of the draw and awarding of prizes. A client must have received confirmation of product opening† by an authorized LBCFS representative. (hereinafter “eligible entrant”). The following are not eligible for the contest: • Non-clients of Laurentian Bank and/or LBCFS; • Laurentian Bank and/or LBCFS clients who are not eligible entrants (as defined above); • Residents of other provinces of Canada; • Employees, representatives or agents of Laurentian Bank, LBCFS or any subsidiaries of these entities; • Advertising and promotional agencies; • Any person domiciled at the same address as the aforementioned persons and entities or those not dealing at arm’s length with any of these persons and entities.
HOW TO ENTER No purchase or consideration necessary. There are two (2) ways to enter for a chance to win one (1) prize valued at $1,000 out of ten (10) prizes of a total value of $10,000: To be automatically entered (no entry form required): 1. Non-clients of Laurentian Bank must have opened a TFSA or RRSP account with LBCFS and made a contribution(s) of a minimum amount of $500 between January 6, 2025 and March 3, 2025. New TFSAs and RRSPs are opened with LBCFS only. Opening a TFSA or RRSP account must be done at the branch with a mutual fund advisor or representative. The minimum contribution amount required to qualify for the contest must remain in the TFSA or RRSP account at least until the draw (withdrawal date may depend on the type of investment chosen). 1.1. Laurentian Bank clients who do not have a TFSA or RRSP prior to the contest period must have opened a TFSA or RRSP account with LBCFS and made a contribution(s) of a minimum amount of $500 between January 6, 2025, and March 3, 2025. New TFSAs and RRSPs are opened with LBCFS only. Opening a TFSA or RRSP account can be done at the branch or remotely with an advisor or a mutual fund representative. The client can open a TFSA or RRSP over the phone with a mutual fund representative; however, the account will be “on hold” until the signed documents are received (25 calendar days following the opening date). The minimum contribution amount required to qualify for the contest must remain in the TFSA account at least until the draw (the withdrawal date will depend on the type of investment chosen). 1.2. Clients of Laurentian Bank or LBCFS who hold a TFSA or RRSP during the contest period must have made a contribution(s) of a minimum amount of $500 in a Laurentian Bank or LBCFS TFSA or RRSP between January 6, 2025 and March 3, 2025. The minimum contribution amount required to qualify for the contest must remain in the TFSA or RRSP account at least until the draw (the withdrawal date will depend on the type of investment chosen). 1.3. Eligible participants must have made an appointment and met with an advisor, in person, virtually or by telephone, between January 6, 2025 and March 3, 2025 in order to develop a plan to provide support for the realization of their retirement. Following the appointment, each advisor will confirm the eligible participant's appointment in a confidential computer database. Registration in this database will grant entry into the competition. 2. No purchase or consideration or in-person, virtual or telephone meeting with an advisor is required. You can enter by writing us a 50-word text answering the following question: “What are your retirement plans?” Then mail it to “Hit your savings target” Contest, 1360 boulevard René-Lévesque West, 6th floor, Transit 1087, Montreal, Quebec H3G 0A8, including your first name, last name, age, mailing address, city, postal code, telephone number and email address (optional). To be added to the list of entrants, texts must be received by 5 p.m. EDT on March 3, 2025. Only one entry per address. Limit of one (1) entry per eligible entrant, regardless of the entry method chosen.
PRIZES Ten (10) $1,000 prizes will be offered for the duration of the contest and will be randomly drawn among the eligible entrants who have met all the entry requirements by the date of the draws detailed below. Confirmed winners will be able to invest $1,000 each to be deposited into their Laurentian Bank or LBCFS TFSA or RRSP account within 30 days of the draw, if the accumulated contribution room is not fully utilized (the client is responsible for verifying their contribution room with the Canada Revenue Agency). In the event that the client no longer has unused contribution room, the amount will be deposited during the 2025 taxation year to avoid any penalty. Confirmed winners will be contacted by an LBC advisor or LBCFS mutual fund representative within 10 days of being notified of the win in order to provide investment instructions based on their financial situation. If the winner holds a TFSA or RRSP with Laurentian Bank and a TFSA or RRSP with LBCFS, they can choose the account where they would like the $1,000 prize to be deposited. Similarly, if the winner has multiple TFSAs or RRSPs with Laurentian Bank or LBCFS, they can choose the account where they would like the $1,000 prize to be deposited. Laurentian Bank and LBCFS cannot act as tax advisors and the winners remain solely responsible for ensuring that the contribution made to their TFSAs or RRSPs is within the limits allocated to them. If the winner entered the contest by submitting the 50-word text without opening or contributing to a TFSA or RRSP, a cheque in the amount of $1,000 will be sent to the winner’s residence at the address provided at the time the text was submitted pursuant to subsection 4(2) of these rules, within 40 days of the date of the draw. The mailing address for the cheque must be confirmed by the winner at the time the prize is announced (by phone or email). Total value of the prizes: $10,000 Winners are solely responsible for any tax implications that may arise from the awarding of the prizes.
DRAW Ten (10) random draws will be held on Friday, March 14, 2025, at 11 a.m. (EDT) to determine the winners. The electronic random draws will be conducted by the contest organizers at 1360 boulevard René-Lévesque, 11th floor, Montreal, Quebec, H3G 0A8, to select the ten (10) contest winners from among the eligible entries received. The odds of winning depend on the number of eligible entrants during the contest period.
AWARDING OF PRIZES Following the draw, entrants declared winners will be notified by telephone and/or email within ten (10) business days of the draw date. The $1,000 prize should be invested in the winner’s TFSA or RRSP if their contribution room is not fully utilized. Otherwise, the amount will be deposited between January 1, 2026 and February 28, 2026. If the winner entered the contest by submitting the 50-word text without opening or contributing to a TFSA or RRSP, they are not required to open a TFSA or RRSP with LBCFS. A cheque in the amount of $1,000 will be sent to them within 40 days of the draw at the address confirmed when they were declared the winner. Before being declared winners, randomly selected entrants must correctly answer a mathematical skill–testing question. Entrants who answer incorrectly will automatically be disqualified. Entrants who answer incorrectly or are ineligible for any other reason will forfeit their right to the prize. 7.1 To be declared a “confirmed winner,” an entrant must: 7.1.1 Be reached by telephone or email by the contest organizers within ten (10) days of the draw date set out in Section 6 of the rules. They must be reached within a maximum of three (3) attempts and will have ten (10) days to respond to any message left, failing which they will forfeit their right to the prize. 7.1.2 Meet the conditions set out in sections 3 and 4 of the rules. 7.1.3 Have correctly answered a mathematical skill–testing question posed by the contest organizers via the declaration and release form or by email. 7.1.4 Sign the declaration and release form sent by mail or email and return it to the contest organizers at the address provided, within ten (10) business days of the date it was sent. 7.2 Disqualification. If an entrant fails to comply with any of the above conditions or any other condition set out in these rules, they will automatically be disqualified and will not be eligible to receive any prize. In such a case, the contest organizer reserves the right, at its sole and absolute discretion, to randomly select another entrant following the same procedure until a winner has been determined or to cancel the prize. 7.3 Prize delivery. Upon receipt of the declaration and release form signed by the selected entrant, the contest organizer will contact the winner by email or telephone to inform them of how to take possession of their prize.
ACCEPTANCE OF THE PRIZE The prize must be accepted as described in these rules and may not be exchanged, transferred or sold, in whole or in part, to any other person.
EXCLUSION OF LIABILITY Laurentian Bank and LBCFS and their subsidiaries, the contest organizers and their authorized representatives assume no liability whatsoever in any case where their inability to act results from an event or situation beyond their control or from a strike, lockout or other labour dispute in their facilities, organizations or companies whose services are used to hold this contest.
MISCELLANEOUS The contest organizers, Laurentian Bank and LBCFS disclaim all liability for any loss or personal injury resulting from the awarding of the prizes in this contest. The contest rules are available at all branches and on the Hit your savings target contest page. Each winner’s first name, initial of their last name and place of residence will also be posted on this page.
ADVERTISING Each confirmed winner, by entering the contest, authorizes Laurentian Bank and LBCFS and their subsidiaries, the contest organizers and their agents to use their first name, initial of their last name, place of residence and their photo for advertising purposes, without compensation of any kind.
PERSONAL INFORMATION To enter the “Hit your savings target” contest, Laurentian Bank must collect, use and share personal information about you for identification, communication, administration and publication purposes (among others) and more specifically, to inform you that you have won a prize, if applicable, send you your prize and publish your first name, initial of your last name and city of residence. Laurentian Bank will share your information only when required by law, with its affiliates and members of its group or with service providers who are required to respect the confidentiality of your information in order to provide certain services when necessary. The personal information requested is collected and used solely for the purposes of the “Hit your savings target” contest. Please see the Laurentian Bank’s Privacy Statement on the Privacy and security page. By entering the “Hit your savings target” contest, you consent to the collection by Laurentian Bank and LBCFS of your personal information mentioned above and to its use for the purposes of administering the “Hit your savings target” contest. You also expressly consent, if you win a prize, to have your first name, initial of your last name and city of residence posted on the Laurentian Bank website and/or social networks. Social networks are provided by third parties and not by Laurentian Bank. Your relationship with a third-party social network provider is a separate relationship, independent of the relationship between you and Laurentian Bank, and is not within the control of Laurentian Bank. We make no representations or warranties to you regarding the collection, use or sharing of personal information by any third-party social network provider. You assume all risks associated with accessing or using social networks. Laurentian Bank will have no liability to you for any social networks or services provided by third parties. By accepting the prize, subject to your consent, you authorize Laurentian Bank to share and disseminate, as required, your first name, initial of your last name, place of residence, photograph, image, voice or other representations or recordings (“Image”) on which the entry appears in connection with the contest for advertising or promotional purposes in any medium whatsoever (e.g., Laurentian Bank website, Facebook page), without remuneration, royalties or compensation of any kind. You irrevocably authorize Laurentian Bank to copy, edit, enhance, crop or otherwise modify any Image for use in its publications. You also waive any right to approve or inspect any Image. You assign the rights to use and reproduce, in whole or in part, the Images, visual and/or audio content captured by Laurentian Bank for the purposes of the contest. You understand and agree that all Images are the property of Laurentian Bank and/or its third-party media agents (including but not limited to third-party newspapers) and will not be returned to you. You accept, release and forever discharge Laurentian Bank and its affiliates, members of its group, successors and assigns, officers, employees, representatives, associates, partners, agents, mandataries and any person claiming through them, individually and/or collectively, any liability, claim, obligation, promise, understanding, agreement, dispute, demand, damage (direct, indirect or moral) or cause of action of any kind whatsoever, known or unknown, that you, and any person claiming on your behalf, may have or claim to have against Laurentian Bank in connection with the Image, its use and the “Hit your savings target” contest.
CANCELLATION OR MODIFICATION OF THE CONTEST Laurentian Bank reserves the right, at its sole and absolute discretion, to modify, cancel, terminate or suspend the contest in whole or in part, without prior notice.
INTERPRETATION If there is a discrepancy between the French and English versions of the rules, the French version will prevail.
APPLICABLE LAWS The contest is subject to all applicable laws.
† New investment accounts are opened through LBC Financial Services Inc. (LBCFS), a subsidiary of Laurentian Bank. LBCFS is a legal entity distinct from Mackenzie Investments. Mutual funds and financial planning services are handled by LBCFS. The funds available are part of the range of Laurentian Bank mutual funds, managed by Mackenzie Investments. Laurentian Bank advisors are also registered LBCFS mutual fund representatives.